2023
Flag  
GDP
$7.14BCURRENT US$
Rnk 155 / 195
2013-2023
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GDP GROWTH
62%CURRENT US$
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2023
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 GDP
$551BCURRENT US$
Rnk 25 / 195
2013-2023
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GDP GROWTH
127%CURRENT US$
Rnk 7 / 195
2023
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GDP PC 
$97,750CURRENT US$
Rnk 6 / 195
2013-2023
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GDP PC GROWTH
30.1%CURRENT US$
Rnk 78 / 195
2023
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GDP PC
$103,888CURRENT US$
Rnk 4 / 196
2013-2023
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GDP PC GROWTH
97.4%CURRENT US$
Rnk 9 / 195

About

Cayman Islands-Ireland Trade: In 2023, Cayman Islands exported $179k to Ireland. The main products that Cayman Islands exported to Ireland were Wood Barrels ($113k), Gas Turbines ($34.4k), and Cobalt ($12.8k). Over the past 5 years the exports of Cayman Islands to Ireland have decreased at an annualized rate of 32%, from $1.23M in 2018 to $179k in 2023.

In 2023, Cayman Islands did not export any services to Ireland.

Ireland-Cayman Islands Trade: In 2023, Ireland exported $1.28M to Cayman Islands. The main products that Ireland exported to Cayman Islands were Butter ($328k), Jewellery ($264k), and Iron Structures ($202k). Over the past 5 years the exports of Ireland to Cayman Islands have increased at an annualized rate of 20.7%,  from $503k in 2018 to $1.28M in 2023.

In 2023, Ireland did not export any services to Cayman Islands.

Comparison In 2023,  Cayman Islands ranked 165 in total exports ($818M), and does not have data regarding Economic Complexity Index. That same year, Ireland ranked 17 in the Economic Complexity Index (ECI 1.31), and 29 in total exports ($241B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cayman Islands exported $179k to Ireland. The main products exported from Cayman Islands to Ireland were Wood Barrels ($113k), Gas Turbines ($34.4k), and Cobalt ($12.8k). During the last 5 years the exports of Cayman Islands to Ireland have decreased at an annualized rate of 32%, from $1.23M in 2018 to $179k in 2023.

In 2018, Ireland exported $1.28M to Cayman Islands. The main products exported from Ireland to Cayman Islands were Butter ($328k), Jewellery ($264k), and Iron Structures ($202k). During the last 5 years the exports of Ireland to Cayman Islands have increased at an annualized rate of 20.7%, from $503k in 2023 to $1.28M in 2018.

Exports from Cayman Islands (Flag) to Ireland (Flag) (2023)

Exports from Ireland (Flag) to Cayman Islands (Flag) (2023)

Latest Data

Trade between Cayman Islands (Flag) and Ireland (Flag)

Ireland Exports

Market Competitiveness

Color
Cayman Islands
Top Destination
United Kingdom$326M
Ireland
Top Destination
United States$67.4B

This map shows whether countries import more from Cayman Islands or Ireland. Each country is colored based on the difference in imports they receive from Cayman Islands and Ireland or the difference in the growth in imports.

In 2023, countries that imported more from Cayman Islands than Ireland included Cyprus ($172M), Grenada ($67.2M), and Barbados ($15.4M).

In 2023, countries that imported more from Ireland than Cayman Islands included United States ($67.4B), Germany ($26.7B), and United Kingdom ($20.5B).

Difference in imports from Ireland (Flag) and Cayman Islands (Flag) (2023)

Comparative Advantage Cayman Islands - Ireland

Flow
Scale

This chart compares trade between Cayman Islands and Ireland by product, considering products traded by both, Cayman Islands and Ireland.

During 2023, Cayman Islands had a large net trade with Ireland in the exports of Wood Products ($113k), Machines ($35k), and Metals ($26.9k).

During 2018, Ireland had a large net trade with Cayman Islands in the exports of Animal Products ($396k), Precious Metals ($264k), and Instruments ($214k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Cayman Islands and Ireland. This means that a dot/product with the flag of Cayman Islands indicates it has a comparative advantage over Ireland. Similarly, a dot/product with the flag of Ireland indicates it has a comparative advantage over Cayman Islands.

Product Space of Cayman Islands (Flag) and Ireland (Flag) (2023)

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